Metaverse - Optimisus

Apple is set to release virtual reality (VR) devices

1 year ago 1 min read

Apple to launch VR platform on Decentraland

According to Bloomberg’s January 23rd report, Apple is set to release virtual reality (VR) devices later this year, which has sparked speculation about the potential impact on the cryptocurrency market. In particular, Decentraland (MANA) investors are keeping a close eye on the developments, as the Decentraland project is built around a virtual reality experience and its token is on the Ethereum blockchain. MANA has been performing well in the market lately, with a 118.49% value increase in the last 30 days. Some analysts are optimistic that the incoming VR launch could drive the price of MANA even higher. The Exponential

1 year ago 1 min read

Seoul’s Metaverse Project Expands to Education and Tourism

The Seoul government has taken a major step forward in the development of the metaverse by launching “Metaverse Seoul.” This public metaverse project, led by the city’s mayor, Oh Se-hoon, is designed to allow citizens to interact with virtual representatives of the government in order to handle civil complaints and consultations. The program, which is set to be open to the public in 2023, will include services such as a fintech lab, a corporate support center, and the city’s top 10 tourist attractions. It will reportedly also facilitate a youth mentoring counseling room, civil service counseling, and tax services. This

LG's new partnership aims to bring metaverse platforms to TVs

1 year ago 1 min read

LG Electronics partners to bring metaverse interoperability to TVs

LG Electronics has partnered with Oorbit, a cloud-based technology platform, and Pixelynx, a company building an integrated music, gaming, and Web3 ecosystem, to bring the metaverse to TVs. The partnership will allow users to access virtual worlds, concerts, and AI-generated multiplayer games through their LG TVs, making it easier for consumers to interact in the metaverse. The collaboration aims to scale Oorbit’s proprietary technology, which connects virtual worlds and makes it easy for developers and brands to bring their experiences into the metaverse, for millions of LG TV customers. LG Electronics updated its business development goals in March 2022 to

1 year ago 1 min read

2022: The Year That Web 3 Will Never Forget

It’s hard to believe that 2022 is the year that saw NFTs being sold for 100s of millionsand Bitcoin reach all-time highs of around 60,000 USD. While at the same time being theyear that saw multiple crypto companies crumble, including the infamous collapse of FTX,and causing Bitcoin to fall to 16,000 USD wiping out hundreds of billions from the cryptomarket cap. It is simply a year that the Web 3 world will never forget. There were many downs in 2022. However, there are also a lot of positives thathappened to the Web 3 world. For instance, unstable companies such as

1 year ago 1 min read

Samsung Expands into Latin America with Metaverse Initiatives

Samsung has committed to investing more than $35 million in the Latin American market to bolster its metaverse presence. This is part of the company’s effort to reach out to younger generations and enhance its digital presence. A multitude of businesses, such as Samsung, Sony, and Microsoft, have already started to incorporate metaverse-based advertising into their promotional campaigns. For example, Samsung released the “House of Sam” virtual reality attraction on Decentraland in October and the Space Tycoon metaverse experience on Roblox in July, giving users the chance to construct Samsung items using raw materials within a space station. Industry professionals

Argentine football team enters metaverse after world cup in Qatar

1 year ago 1 min read

Argentine sign a licensing agreement with metaverse platform Upland following Argentina’s World Cup victory in Qatar

The Argentine Football Association (AFA) has signed a licensing agreement with metaverse platform Upland following Argentina’s World Cup victory in Qatar. The deal will allow the AFA to bring its professional football league, the Liga Profesional de Fútbol (LPF), onto Upland’s metaverse platform, providing a new way for Argentinian football fans, teams, and players to engage with each other. The partnership includes the sale of various non-fungible tokens, such as digital collectibles featuring teams, clubs, players, tickets, and highlights from games, which will generate a new source of income for the LPF. Upland users will also be able to start

1 year ago 1 min read

Jesse Lingard launches his JLINGZ esports brand into the metaverse

Jesse Lingard’s JLINGZ esports brand is partnering with Virtua, a game metaverse platform, to build unique fan experiences in the metaverse. This collaboration will involve metaverse esports, digital collectibles, exclusive access, virtual spaces, and video games. Virtua will give away Jesse Lingard VFLECT digital collectible avatars to the first 1,000 people to sign up for the partnership. The sports zone on Virtua Island will feature the JLINGZ Esports partnership and will also incorporate other celebrity and brand partnerships. Virtua has previously partnered with brands such as Williams Racing and Legendary Entertainment, as well as celebrities like Kevin Hart. Jesse Lingard,

The Fabricant Launches Web3 Fashion Experience

1 year ago 3 mins read

The Fabricant Launches Wholeland: The Ultimate Web3 Fashion Experience

Amsterdam, Netherlands, 5th December, 2022, Chainwire Pioneering startup The Fabricant has gone live with its boundary-pushing digital fashion storytelling project Wholeland, with a trailer that sets the scene for a provocative world that splices digital couture, mythology and the rave scene. The ambitious move is designed to raise the bar for the wider digital fashion industry, and lead a shift in focus away from the bear market to building Web3 experiences that create long-term, high-value engagement. The OG digital fashion player is famous for its world-leading craftsmanship, gaining global prominence when it was founded as the world’s first digital fashion

1 year ago 2 mins read

Utherverse Partners with Tokensoft to Launch IDO for Native Metaverse Token

New York, NY, 30th November, 2022, Chainwire Utherverse, one of the largest metaverse platforms in the world, has signed a partnership agreement with Tokensoft, the leading technology platform for launching digital assets. The deal will facilitate the first and second presale rounds of Uther Coin (UTHX) as part of the token’s initial decentralized offering (IDO). Uther Coin will be the primary token used for transactions throughout the next generation Utherverse Software Platform. Utherverse powers one of the most popular and advanced metaverses ever built. As such, Uther Coin will be needed by everyone accessing the preeminent metaverse. “Tokensoft has proven

1 year ago 4 mins read

The Everdome Mars mission launches from Hatta today at 5pm GST

Dubai, UAE, 30th November, 2022, Chainwire The countdown has begun for Everdome’s first rocket launch, as the world’s most hyper-realistic metaverse project gets ready to send its first metaverse pioneers on the first stage of an epic journey to Mars at 5pm GST today. Viewers from across the world are invited to be part of this groundbreaking metaverse moment by tuning into the special live stream on Everdome’s YouTube channel – https://www.youtube.com/watch?v=e5EBt9hlUM8, where this event will be shown live for all to witness. With its launch site set in a meticulously replicated metaverse version of the UAE’s Hatta Mountains, Everdome appeals

1 year ago 1 min read

South Korea issues metaverse ethical guidelines

At a ministerial meeting on November 28, South Korea’s Ministry of Science and ICT issued a guideline of core ethical principles for metaverse application participants, which includes users and developers. According to the science ministry, its metaverse guidelines are based on three core values: genuine identity, safe experience, and long-term prosperity. To support its core values, the guidelines identify eight principles: authenticity, autonomy, reciprocity, respect for privacy, fairness, data protection, inclusiveness, and future responsibility. Although the guidelines are not legally binding, the science ministry encouraged metaverse participants to consult them. According to the science ministry, various issues have arisen in

1 year ago 1 min read

Meta will likely cut off its staff this week

Meta, the parent company of Facebook, plans to lay off a sizable portion of its workforce starting this week. After Twitter last week, it’s the most recent tech juggernaut to fire staff members. During the pandemic and the ensuing lockdowns, social media and tech giants experienced rapid growth. In total, Meta hired more than 27,000 new workers in 2020 and 2021. They are observing a contraction now that normalcy is starting to return. Several thousand employees may be impacted, according to the WSJ, which reported on November 6 citing people with knowledge of the situation. This week, Meta is anticipated